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Dec 2, 2012
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. >> the economy is not helping at all and they have hung in there, amazing people. >> and made some issues helping with aids research and that? >> oh, yeah. >> and we support them. >> yeah, and i think it's great that you come back. a lot of people say i'll see you but you come back. >> we have a lost friends here. >> and you performed at berkeley. that is great. anyway, i hope you always come back. >> thank you. >> you know when you're in up to, you have a seat at this table. >> always. >> thank you, susan. >> the book is called "after annie," thinly veiled on him, but it's not exactly them. that is what he said. i want to know if that is the same position you sleep never mind. it's very candid and it's good and actually funny. okay. thank you. >>> welcome back. opening a food business in the bay area is tough. and competitive. the menu must be in demand, delicious, and affordable. but seller's market is thriving with fast, casual, and sustainable food, even in an economy where many folks are eating at home. sellers has customers what are they doing right? to find out, we welcomed
. >> the economy is not helping at all and they have hung in there, amazing people. >> and made some issues helping with aids research and that? >> oh, yeah. >> and we support them. >> yeah, and i think it's great that you come back. a lot of people say i'll see you but you come back. >> we have a lost friends here. >> and you performed at berkeley. that is great. anyway, i hope you always come back. >> thank you. >> you know when you're in...
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Nov 28, 2012
11/12
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having to get deeper into that whole would not be good for the economy. liz: thank you for joining us rea.we like our governors of evy state. he is an independent. if so many defense jobs. our governors on the edge week. utah governor in another fox business exclusive. they have a very low unemployment rate unlike rhode island, but he says it will be impacted if d.c. cannot reach an greement. the closing bell ringing in about 47 minutes. would you do business in a dangerous area if you thought the risk might bring huge rewards? libya wants business in a huge way. we're not just talking about oil rigs and pipelines, but also massive infrastructure projects, roads, schools, you name it. part of the royal libyan family. he is back in his job is to sell libya on u.s. companies. find out what he thinks there is a big payoff for american businnss. a fox business exclusive. having you ship my gifts couldn't beasier. well, having a t olocations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male
having to get deeper into that whole would not be good for the economy. liz: thank you for joining us rea.we like our governors of evy state. he is an independent. if so many defense jobs. our governors on the edge week. utah governor in another fox business exclusive. they have a very low unemployment rate unlike rhode island, but he says it will be impacted if d.c. cannot reach an greement. the closing bell ringing in about 47 minutes. would you do business in a dangerous area if you thought...
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Nov 29, 2012
11/12
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then of course it does get to be, you know, a hail mary pass for this economy. who better to address on all these issues than pastor rick warren. of course, saddleback church fame. you know it is interesting about the purpose driven life. we're on 10-year anniversary one of the most talked about and successful books i think since the bible. the ref rind is a very modest man -- reverend. the purpose driven life, 32 million copies. by comparison, bill o'reilly's killing lincoln, one of the most popular books in the country right now, 2 million copies. the reverend has sol 16 times the number ofooks of bill o'rily, which clearly tells me bill o'reilly is going to hell. "killing kennedy", half a million copies. he is way behind you. all in good fun. pastor, very good to have you. >> thanks, neil. good to be back with you. ironic i'm in new york city and you're in l.a. today so. neil: i know. my loss but our viewers gain just the same. pastor, what do you think, and is it important that a deal is reached by the end of the year? you often remind, you know parishioners
then of course it does get to be, you know, a hail mary pass for this economy. who better to address on all these issues than pastor rick warren. of course, saddleback church fame. you know it is interesting about the purpose driven life. we're on 10-year anniversary one of the most talked about and successful books i think since the bible. the ref rind is a very modest man -- reverend. the purpose driven life, 32 million copies. by comparison, bill o'reilly's killing lincoln, one of the most...
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Nov 29, 2012
11/12
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been done on the site and an official announcement is imminent but dropped pretty good hints. >> the economy is changing and online shopping continues to be prominent. we think this is at the front edge of that trend. >>> wal-mart is moving forward with plans to expand its antioch store. california health and environmental groups filed a lawsuit saying it had under estimated potential economic and environmental effects on the bay area. call mart called the court's decision a win for customers, job seekers and suppliers. the groups that filed the lawsuit say they are considering further legal action. >>> let's bring in our chief meteorologist. this is the time where he walks the streets where he lives and says i have a question for you. >> it is happening on overtime with all of the wet weather coming our way. we did have a strong round of wind and rain this morning. a lot of you know what i'm talking about. winds at the coast line anywhere from 15 to 25 miles per hour. a lot calmer than the 70 to 80 miles per hour wind gusts that were clocked. doppler radar is dry as it scans. let's get you
been done on the site and an official announcement is imminent but dropped pretty good hints. >> the economy is changing and online shopping continues to be prominent. we think this is at the front edge of that trend. >>> wal-mart is moving forward with plans to expand its antioch store. california health and environmental groups filed a lawsuit saying it had under estimated potential economic and environmental effects on the bay area. call mart called the court's decision a win...
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Dec 3, 2012
12/12
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CNBC
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remember the shanghai comp is not the chinese economy. if you look at technical indicators there are guying screening the table. i do think china looks very interesting for a lot of people. >> i think people at home are going to start thinking to themselves what happened to yum brands. >> so did tiffany. >> why the disconnect here? >> you have to understand that yum has a couple of specific issues. yum is not the only guy out there. >> it is the biggest guy out there. >> i think when you have competition and their comps were significantly high and this is one of the head winds for them their comps are too good and i don't think they will grow 50%. they are a luxury brand producer going after a sector of the market that is unsustainable. if you look at the chinese consumer they are not buying tiffany watches and eating at yum. it is a consumption story that is slowly getting better. >> is it time for a final trade? >> you asked me and i'm delivering. >> you bring it. you always bring it. >>> mieving on here. americans are piling into u.s.
remember the shanghai comp is not the chinese economy. if you look at technical indicators there are guying screening the table. i do think china looks very interesting for a lot of people. >> i think people at home are going to start thinking to themselves what happened to yum brands. >> so did tiffany. >> why the disconnect here? >> you have to understand that yum has a couple of specific issues. yum is not the only guy out there. >> it is the biggest guy out...
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he could have been driving the world's largest economy, instead, he's driving a bumper car. oh, well what are you going to do? [ laughter ] competitive shoppers know that black friday is only hours away. they call it black friday because that is the color of your soul after you trample an old lady for a waffle maker. some people have been camped out outside stores for days now to get a good spot in line for what they call doorbuster sales. this is the kind of thing that makes lining up to see "twilight" seem reasonable. when the doors open, the mayhem starts. there's trampling, punching, kicking. this is the wonderful time of the year when walmart becomes the thunderdome. right now, members of the geek squad are huddled in the corner, frightened for their lives. keep in mind, people are doing this to celebrate the birth of jesus. look at this. this is -- this is a good one. that is -- oh, look at that. wigs are half off. [ applause ] there's a -- good reason not to go shopping on black friday if you're looking for one. i decide whether or not i will do something based on how
he could have been driving the world's largest economy, instead, he's driving a bumper car. oh, well what are you going to do? [ laughter ] competitive shoppers know that black friday is only hours away. they call it black friday because that is the color of your soul after you trample an old lady for a waffle maker. some people have been camped out outside stores for days now to get a good spot in line for what they call doorbuster sales. this is the kind of thing that makes lining up to see...
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Nov 28, 2012
11/12
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it would be bad for the economy and those families. in fact, it would be bad for the world economy. and so, i think it's very important that we get that resolved and i am very open to a fair and balanced approach to reduce our deficit and provide the kind of certainty that businesses and consumers need that we can keep this recovery going. and obviously, we'll be spending sometime talking about national security issues, as well. but i just want to say thank you to this extraordinary cabinet for a job well done and i will take this opportunity to publicly embarrass two members of the cabinet whose birthdays are today or tomorrow. rich consecki, happy birthday to you. that is actually today. and janet napolitano's birthday is tomorrow. all right, guys. thank you. we want to get back to work. >> mr. president -- >> thank you, so much, guys. susan rice is extraordinary. couldn't be prouder of the job she's done. all right. >> that was the president praising his current cabinet, also a little compliment to susan rice there at the end. straight ahead, we have more politics. the man behind
it would be bad for the economy and those families. in fact, it would be bad for the world economy. and so, i think it's very important that we get that resolved and i am very open to a fair and balanced approach to reduce our deficit and provide the kind of certainty that businesses and consumers need that we can keep this recovery going. and obviously, we'll be spending sometime talking about national security issues, as well. but i just want to say thank you to this extraordinary cabinet for...
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>> well it is supposed to be going to the cutting-edge of the economy. small business creation. you had a piece on this earlier. it is not going there we're at the slowest rate of any recession since world war ii in small business formation. the slowest possible rate --. david: i want to stop you right here. i've been going you there the numbers and i've been trying to figure this out. i've really been trying to figure it out. how did that 25% increase in government expenditures, huge increase, we haven't seen an increase like that since world war ii, how did that become permanent? how did it go from being a one-shot deal, the stimulus in two thooin -- 2009, tt being part of the baseline budget? >> that is the way it workings in washington, david, you know that. once congress puts in place a spending increase, they reappropriate it, build into the baseline and do it before. construction projects need to be expanded. right across the street from the particular studio we have a big train station, union station. a construction project going on three years, all stimulus money. will
>> well it is supposed to be going to the cutting-edge of the economy. small business creation. you had a piece on this earlier. it is not going there we're at the slowest rate of any recession since world war ii in small business formation. the slowest possible rate --. david: i want to stop you right here. i've been going you there the numbers and i've been trying to figure this out. i've really been trying to figure it out. how did that 25% increase in government expenditures, huge...
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Nov 28, 2012
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so it's not a very open economy. and actually, a lot of these problems are more domestic than they are external. >> that's a fascinating point. i want to come back to you in a second. in egypt, tens of thousands have taken to the streets of cairo last night to protest against the decree by the egyptian president mohamed morsi that grants him sweeping constitutional powers. >> reporter: hundreds of thousands of egyptians have poured into tahrir square and cities all across egypt demanding that president mohamed morsi rescind his decision that granted him sweeping powers. they say it is reminiscent of the mubarak era, sending this country back to dictatorship. for the past five days, police have clashed with protesters, firing tear gas and beating them at times. more importantly, they are demanding that egypt's new constitution is one that reflects the diversity of egypt, not the sole control of the muslim brotherhood. many of the people here are angered by what they say is the attempt by the muslim brotherhood and the
so it's not a very open economy. and actually, a lot of these problems are more domestic than they are external. >> that's a fascinating point. i want to come back to you in a second. in egypt, tens of thousands have taken to the streets of cairo last night to protest against the decree by the egyptian president mohamed morsi that grants him sweeping constitutional powers. >> reporter: hundreds of thousands of egyptians have poured into tahrir square and cities all across egypt...
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Dec 5, 2012
12/12
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that's $115 billion a year that would go to deficit reduction instead of being pumped into the economy. heidi sherholtz is an economist. >> it's less money for consumers to spend, that means that the demand for business services will drop, who provides goods and services, workers, so employment will fall. >> reporter: those in favor allowing the tax cuts to expire argue money for social security payments has to come from somewhere. although john says that somewhere will mean doing without some of the basics. >> might be a pair of sneakers. >> reporter: might be a jacket. might be those pair of boots that they want to go there and keep warm. >> for john the debate in washington is not about the federal budget it's about his family's. jim axelrod, cbs news, west new york, new jersey. >> early this morning a tentative deal was reached to end the strike that shut down this nation's largest port complex. workers are expected to return to work this morning. clerks at the ports of los angeles and long beach, california had been on strike for eight days. the deal was reached hours after federa
that's $115 billion a year that would go to deficit reduction instead of being pumped into the economy. heidi sherholtz is an economist. >> it's less money for consumers to spend, that means that the demand for business services will drop, who provides goods and services, workers, so employment will fall. >> reporter: those in favor allowing the tax cuts to expire argue money for social security payments has to come from somewhere. although john says that somewhere will mean doing...
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Dec 6, 2012
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this could push the american economy off of a fiscal cliff, am i missing something here? can it be such a bad thing. not really said the cbo. if congress extents current policy, the debt and deficit will increase slowing the economy and dramatically increasing interest costs. because of the deal congress and the president made last year it be result in across the board budget reductions, still there will be no decreases in social security, medicare and veteran's benefits. defense spending would take a big hit, but because of a windown in afghanistan some military leaders are asking for less than congress is willing to shell out. from 1990 to 1999 defense spending decreased by 1% a year. this weakened military is nonsense. jim we have like what 27,000 times to blow up the country with the next amount of nukes. >> and we still have massive armies in europe protecting them from a massive soviet union. >> yeah. >> korea is another issue -- we do need people there. >> stephanie: right, but he points out who is behind all of this fiscal cliff cage rattling. the rich and their f
this could push the american economy off of a fiscal cliff, am i missing something here? can it be such a bad thing. not really said the cbo. if congress extents current policy, the debt and deficit will increase slowing the economy and dramatically increasing interest costs. because of the deal congress and the president made last year it be result in across the board budget reductions, still there will be no decreases in social security, medicare and veteran's benefits. defense spending would...
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Dec 1, 2012
12/12
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people so that we don't see taxes go up on anybody so that we can engage in tax reform and get this economy going, again. >> democratic senator max baucus says congressional leaders and the president need to get to work on negotiations right now before the u.s. enters unchartered waters. >> i think if there's no agreement, whatsoever, if the other side is completely that the president has probably no choice but to say, okay, we're going to go with a cliff. that would not be my first preference. >> should that happen, should we go over that so-called fiscal cliff republican congressman lee terry thinks there could be an alterier motive on the part of the president. >> many of us fear that the president's real plan here was to let us go over the cliff and blame the republicans and that's what we look like we're being set up to do. and then if you go over the cliff, then two months later, a month later, the president can come back with a bill and say, hey, we're going to now since the republicans let everyone's taxes go up, i'm going to ride in here now and be the night and shining armor and l
people so that we don't see taxes go up on anybody so that we can engage in tax reform and get this economy going, again. >> democratic senator max baucus says congressional leaders and the president need to get to work on negotiations right now before the u.s. enters unchartered waters. >> i think if there's no agreement, whatsoever, if the other side is completely that the president has probably no choice but to say, okay, we're going to go with a cliff. that would not be my first...
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Dec 4, 2012
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the huge toll it's taking on the economy. >> and a big sinkhole in the ground and a new storm on the way. we are learning how long an east bay neighborhood could have to live with this mess. >> and we're live in san francisco where all muni trains are back up and running after a power outage caused all of them to shut down last night. i spoke with the muni spokesman on the phone who says how they were able to get back up and running so quickly. ,,,,,,,, look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to connect. rethink possible. you won't take our future. aids affects us all. e
the huge toll it's taking on the economy. >> and a big sinkhole in the ground and a new storm on the way. we are learning how long an east bay neighborhood could have to live with this mess. >> and we're live in san francisco where all muni trains are back up and running after a power outage caused all of them to shut down last night. i spoke with the muni spokesman on the phone who says how they were able to get back up and running so quickly. ,,,,,,,, look at you guys with your...
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Dec 5, 2012
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the mayor says the strike is costing the local economy billions of dollars. >>> in egypt today huge crowds gathered outside the presidential pal toys protest what they say is the government's abuse of power. more than 100,000 egyptians took part in the protest breaking through bashed wire around the palace. a nationwide referendum on the controversial draft constitution is set for december 15. egyptian media will shut down tomorrow to join the protest. >>> nato members agreed today to deploy a patriot anti- missile system in turkey to protect the country against any crossfire from syria. this comes as syrian rebels released a video reportedly showing air attacks by government fighters and heavy damage to buildings in damascus suburbs. the obama administration is hoping that russia will goin the international community in forming a coalition against syria's president. >> we want to work with russia as we've said many times on the bases of the gene eva action group's c miewn kay. >> nato's secretary-general also echoed warnings by president obama against the use of chemical weapons by the sy
the mayor says the strike is costing the local economy billions of dollars. >>> in egypt today huge crowds gathered outside the presidential pal toys protest what they say is the government's abuse of power. more than 100,000 egyptians took part in the protest breaking through bashed wire around the palace. a nationwide referendum on the controversial draft constitution is set for december 15. egyptian media will shut down tomorrow to join the protest. >>> nato members agreed...
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Dec 4, 2012
12/12
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they say the strike impact is winding and it's costing the national economy billions of dollars. once again, a lot of estimates here say we are talking about $1 billion a day being lost. we are talking about truckers and people not going to work each day as this continues. we are told almost everything has been agreed upon but the one pain issue which is the issue about whether jobs should be kept here when someone retires or whether they can be added someplace else. megyn: growing international concerns over a report that syria is readying deadly and widely banned chemical weapons for combat use. we'll talk about what those chemicals are, what they can do and why america and the world is so worried about this. we are getting a look at george zimmerman's bloody face the night he shot and killed trayvon martin. why didn't the defense get this picture earlier? a new report suggests president reagan's shining city on the hill may be a thing of the past. a look at how america has gone from number one to number 16 on the best places to be born list. and how our government policies may
they say the strike impact is winding and it's costing the national economy billions of dollars. once again, a lot of estimates here say we are talking about $1 billion a day being lost. we are talking about truckers and people not going to work each day as this continues. we are told almost everything has been agreed upon but the one pain issue which is the issue about whether jobs should be kept here when someone retires or whether they can be added someplace else. megyn: growing...
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Dec 5, 2012
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6.2%, that's $115 billion a year that will go to deficit reduction instead of being pumped into the economy. heidi cherholts is an economist. >> it's less money for consumers to spend that means the demand for goods and services will drop. who provides goods and services? workers. so employment will fall. >> reporter: those in favor of allowing the tax cut to expire argue money for social security payments has to come from somewhere. with although mejia says that somewhere will mean doing without some of the basics. >> might be a pair of sneakers. might be that jacket that they want to go to school with in the winter. might be those pair of boots that they want to go and keep warm. >> reporter: for john mejia, the debate in washington is not about the federal budget it's about his family's. jim axelrod, cbs news, west new york, new jersey. >> pelley: well, a lot of families with tight budgets will be happy to hear this next story: the housing market is coming back. we got a report today that says home prices in october had their biggest gain in six years. up more than 6%. sales have been ri
6.2%, that's $115 billion a year that will go to deficit reduction instead of being pumped into the economy. heidi cherholts is an economist. >> it's less money for consumers to spend that means the demand for goods and services will drop. who provides goods and services? workers. so employment will fall. >> reporter: those in favor of allowing the tax cut to expire argue money for social security payments has to come from somewhere. with although mejia says that somewhere will mean...
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Nov 28, 2012
11/12
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the markets are going down, economy is going down. of therefore i think they will start to have pressure on them. the president, as he sounded today, doesn't sound like he wants to really negotiate. he won. he wants the taxes on everybody over 250 to go up, the rate to go up. he has a pen ready to sign it. unless the markets put pressure on him he will not come off of that. that's why i think we'll have to watch for the markets to tell us what happens next. ashley: jim, we've seen a rush to issue special dividends from a number of companies trying to beat the higher tax rates or threat of higher tax rates. but you say all of this comes with a risk. what is that? >> yeah. it is perfectly reasonable for all these companies to do this. all we know, is being at thats are going to be at a certain level for five more weeks. we don't know what will happen after that. most likely they go up. the money they're issuing in special dividends is worth more to give it to shareholders than after january 1st. the risk is, if after january 1st and eco
the markets are going down, economy is going down. of therefore i think they will start to have pressure on them. the president, as he sounded today, doesn't sound like he wants to really negotiate. he won. he wants the taxes on everybody over 250 to go up, the rate to go up. he has a pen ready to sign it. unless the markets put pressure on him he will not come off of that. that's why i think we'll have to watch for the markets to tell us what happens next. ashley: jim, we've seen a rush to...
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Dec 1, 2012
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he would want to get the tree up and have everybody christmas so his economy would be better. i'm not saying that's the right reason. but it's so crazy. these people have gone so out of their minds with the p.c. political correctness business and, you know, conclusion, we would to include everybody. mr. stein, i think you know this better than anyone else. you can't include some people. some people are going to be left out. >> some people want to be left out and angry and on the fringes and want to draw attention to themselves like being angry they will be left out. >> all right. ben, thank you. by the way ben stein's new book is called how to really ruin your financial life and portfolio. directly ahead new york city judge gives very lenient citizens to three men associated with al qaeda. it's outrage. geraldo with details. gutfeld and mcguirk running wild once again. please hide the children. the factor returns shortly. that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jing
he would want to get the tree up and have everybody christmas so his economy would be better. i'm not saying that's the right reason. but it's so crazy. these people have gone so out of their minds with the p.c. political correctness business and, you know, conclusion, we would to include everybody. mr. stein, i think you know this better than anyone else. you can't include some people. some people are going to be left out. >> some people want to be left out and angry and on the fringes...
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Nov 28, 2012
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KGO
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with a turbo-charged ecoboost engines and a hybrid that doubles the fuel economy of the average vehicle. it's an entirely new idea of what a car can be. >> jimmy: this is his new album, it came out today, it's called "pluto 3d." here with the song, "neva end" with kelly rowland, future. ♪ we don't wanna we don't wanna we don't wanna neva end ♪ ♪ we don't wanna we don't wanna neva end we don't wanna we don't wanna neva end ♪ ♪ we don't wanna neva we don't wanna we don't wanna neva end ♪ ♪ it's like our life it just began you walkin' out you comin' back again ♪ ♪ 'cause we became the best of friends ♪ ♪ you got all the questions and i know all the answers i done took your heart girl and hold it up for ransom ♪ ♪ we don't wanna neva end we don't wanna we don't wanna neva end we don't wanna ♪ ♪ i could tell you was into me from my instant chemistry ♪ ♪ ask i reflect memory you ride or you die for me ♪ ♪ i go to war over you want walk the, on by showing you you know what it is shawty forever my lil shawty ♪ ♪ long as i'm swimmin' in benjamins you sho
with a turbo-charged ecoboost engines and a hybrid that doubles the fuel economy of the average vehicle. it's an entirely new idea of what a car can be. >> jimmy: this is his new album, it came out today, it's called "pluto 3d." here with the song, "neva end" with kelly rowland, future. ♪ we don't wanna we don't wanna we don't wanna neva end ♪ ♪ we don't wanna we don't wanna neva end we don't wanna we don't wanna neva end ♪ ♪ we don't wanna neva we don't...
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Nov 30, 2012
11/12
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he obviously doesn't understand the economy. you go back over his statements over the last two or three years, i don't want to have my life depend upon his decisions. >> stephanie: that's for sure. >> caller: because he has made very poor ones. i don't believe i'll repeat it, sorry to repeat it, but boehner is the key to solving this problem. >> stephanie: i agree with you. representative, i don't often say this to a first time guest but i think you're one of my new favorites. >> well, stephanie, i do watch you when i'm back in jersey. and i saw you at the convention a little bit but you were tied up and busy. i like the guys you work with because they're down to earth boots on the ground. that's the kind of guy i am. >> we would love to have you back congressman. >> stephanie: awesome to talk to you. talk to you again real soon. representative pascrell from the state of new jersey. >> people are jerks. >> stephanie: he was wrong about you two. >> i'm boots on the ground. salt of the earth. >> look, boots on the ground. >> steph
he obviously doesn't understand the economy. you go back over his statements over the last two or three years, i don't want to have my life depend upon his decisions. >> stephanie: that's for sure. >> caller: because he has made very poor ones. i don't believe i'll repeat it, sorry to repeat it, but boehner is the key to solving this problem. >> stephanie: i agree with you. representative, i don't often say this to a first time guest but i think you're one of my new favorites....
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Nov 29, 2012
11/12
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. >> reporter: some decent news on the economy out there. the labor department reporting that first time weekly claims fell 23,000 to 393,000 and for the first time in several weeks, superstorm sandy not distorting figures. now the overall trend is still distorted. the four-week average rose to 450,000. and another look at the economy, come from the commerce department its second look at 3rd quarter gross domestic product overall economic growth revising it higher to 2.7% from an earlier estimate of 2% also compared to 1.3% in the 2nd quarter. now, the 4th quarter is likely to be impacted by sandy and also from "fiscal cliff" worries. as far as the "fiscal cliff" goes, politico is reporting this morning that there is a framework for a deal in place that would include $1.2 trillion in tax increases and $400 billion in entitlement cuts on medicare. wall street watching that closely. let's look at the numbers. the dow is up by 45 points after gaining more than 100 yesterday. it's back over 13,000. nasdaq higher by 19. s&p right now is up by 6 p
. >> reporter: some decent news on the economy out there. the labor department reporting that first time weekly claims fell 23,000 to 393,000 and for the first time in several weeks, superstorm sandy not distorting figures. now the overall trend is still distorted. the four-week average rose to 450,000. and another look at the economy, come from the commerce department its second look at 3rd quarter gross domestic product overall economic growth revising it higher to 2.7% from an earlier...
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Dec 1, 2012
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that would take us over the cliff, putting millions of middle class families and our already weakened economy in further jeopardy. >> negotiations will continue on capitol hill next week. president obama has said he wants to get a deal done by christmas day. >>> there is no way to avoid the elephant in the room. the gop knows it. so what do they need to do to change? what issues do they need to focus on? we'll talk about that next with amy holmes and maria cardona. >>> but first, brain teaser for all you political junkies. when was the first presidential election republican party won without a nixon or bush on the ticket? give it some thought. we'll have the answer for you on the other side. ter's hitting the streets to tell real people about our new 15 under $15 menu. oh my goodness! oh my gosh, this looks amazing! [ male announcer ] our new maine stays! 15 entrees under $15, seafood, chicken and more! oo! the tilapia with roasted vegetables! i'm actually looking at the wood grilled chicken with portobello wine sauce. that pork chop was great! no more fast food friday's! we're going to go to
that would take us over the cliff, putting millions of middle class families and our already weakened economy in further jeopardy. >> negotiations will continue on capitol hill next week. president obama has said he wants to get a deal done by christmas day. >>> there is no way to avoid the elephant in the room. the gop knows it. so what do they need to do to change? what issues do they need to focus on? we'll talk about that next with amy holmes and maria cardona. >>>...
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Dec 3, 2012
12/12
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he was around when clinton -- remember that economy? okay. he said i wish president obama and the democrats would explain to the nation the federal budget deficit isn't the major problem and deficit reduction shouldn't be the major goal. problem is lack of good jobs and the goal must to be revive both. deficit reduction leads us away from jobs and growth. the reason the fiscal cliff is dangerous is because it's too much deficit reduction too quickly that would suck demand out of the economy. more jobs and growth will help the deficit. recall the '90s when the clinton administration balanced the budget because of faster job growth than anybody expected bringing in more tax revenues than anyone had forecast. europe offers the same lesson in reverse. thank you. as jim says, every time we talk about this, they keep taking the wrong -- lindsey graham said we're going to be greece. yeah, if we do what you want! the best way to generate jobs and growth is for the government to spend more, not less. and for taxes to stay lor owe become lower on the m
he was around when clinton -- remember that economy? okay. he said i wish president obama and the democrats would explain to the nation the federal budget deficit isn't the major problem and deficit reduction shouldn't be the major goal. problem is lack of good jobs and the goal must to be revive both. deficit reduction leads us away from jobs and growth. the reason the fiscal cliff is dangerous is because it's too much deficit reduction too quickly that would suck demand out of the economy....
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Dec 3, 2012
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not just for the american economy but the world economy. we have a chance to do something very good for the country now. >> republicans, though, aren't happy with what i think you could call a first iteration of the plan. listen. >> i was just flabbergasted. i looked at him, said, you can't be serious? i've just never seen anything like it. >> that's majority leader boehner saying that he was stunned to get some of the details of what the president was planning. joining us this morning, carlos gutierrez. former commerce secretary under george w. bush. also former director of hispanic outreach for the romney campaign. nice to see you, sir. thank you for talking with us. >> pleasure, soledad. >> this morning i was talking to senator blumenthal. he was sort of saying i'm optimistic, i'm hopeful. where do you see that? i don't know that i see optimism. >> no. i agree with you. i'm very disapoented. you know, the big picture is more than just the fiscal cliff. and a lot bigger than do we raise taxes on people who are there to make more than $250
not just for the american economy but the world economy. we have a chance to do something very good for the country now. >> republicans, though, aren't happy with what i think you could call a first iteration of the plan. listen. >> i was just flabbergasted. i looked at him, said, you can't be serious? i've just never seen anything like it. >> that's majority leader boehner saying that he was stunned to get some of the details of what the president was planning. joining us...
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Nov 30, 2012
11/12
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summers ago, congress realized that if they couldn't compromise on a deficit and revenue plan, our economy would crash. turns out they couldn't compromise. so here's what they did. in order to force themselves to work together and compromise, they concocted a catastrophic penalty that would itself crash our economy. brilliant. put it another way. if there is an asteroid headed towards the earth, we made it and fired it at ourselves. because otherwise we would never have done the hard work required to protect ourselves from asteroids. >> good morning. it's friday, november 30th. welcome to "morning joe." with us on set, we have msnbc political analyst and vice president and executive editor of msnbc.com, richard wolffe is here. >> he's here? >> my lord. right here on the set. political editor and white house correspondent for the huffington post, sam stein. >> hi. >> cute thing. and msnbc political analyst and visiting professor at nyu and former democratic congressman harold ford jr. >> good morning. >> good morning. >> he's reading. >> put that down right now. put the smut down. close it
summers ago, congress realized that if they couldn't compromise on a deficit and revenue plan, our economy would crash. turns out they couldn't compromise. so here's what they did. in order to force themselves to work together and compromise, they concocted a catastrophic penalty that would itself crash our economy. brilliant. put it another way. if there is an asteroid headed towards the earth, we made it and fired it at ourselves. because otherwise we would never have done the hard work...
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Nov 30, 2012
11/12
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the congressional budget office report said the benefit extension would add 300,000 jobs to the economy, but the federal price tag would be $30 billion. long-term benefits are set to expire december 29th unless congress approves an extension. >>> hostess got the go-ahead for its bankruptcy selloff plans, wiping out 18,000 jobs along with it, but twinkies and some of its other famous products will survive. the company says it is in talks with 110 potential buyers in fact. the court also allowing hostess to pay nearly $2 million to 19 executives so they can manage the bankruptcy. ah, got to love those bonuses. >>> well, fast food workers in new york city rallied for higher pay. a day-long wave of walkout at restaurants, including burger king, taco bell, wendy's, and mcdonald's. part of a drive to unionize and demand a living wage. most earn close to the minimum wage. that is just over 7 bucks an hour. >>> the lucky winners of the record powerball drawing remain a mystery this morning, keeping their identities and their newfound wealth under cover. one of the two winning tickets for the $8
the congressional budget office report said the benefit extension would add 300,000 jobs to the economy, but the federal price tag would be $30 billion. long-term benefits are set to expire december 29th unless congress approves an extension. >>> hostess got the go-ahead for its bankruptcy selloff plans, wiping out 18,000 jobs along with it, but twinkies and some of its other famous products will survive. the company says it is in talks with 110 potential buyers in fact. the court also...
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Nov 29, 2012
11/12
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but house speaker john boehner remains opposed, saying a tax hike on the wealthy will hurt the economy. >>> today, president obama is hosting mitt romney at the white house for a private lunch. after the election, the president promised to reach out to romney for his ideas. >>> and overseas, the u.s. could be getting more involved in the civil war in syria. "the new york times" is reporting the obama administration is considering options, including arming the rebel fighters there who have made progress in recent days in battling bashar al assad's forces. >>> and more trouble for president obama's expected nominee for secretary of state. susan collins says she will not back rice for the job, until more questions on the attack on the u.s. consulate in libya are answered. collins said if president obama nominates senator john kerry instead, he would have no trouble winning confirmation. >>> and breaking news out of new york. lindsay lohan has been arrested again, after a fight at a nightclub here in the city early this morning. she is facing assault charges for allegedly punching a woman
but house speaker john boehner remains opposed, saying a tax hike on the wealthy will hurt the economy. >>> today, president obama is hosting mitt romney at the white house for a private lunch. after the election, the president promised to reach out to romney for his ideas. >>> and overseas, the u.s. could be getting more involved in the civil war in syria. "the new york times" is reporting the obama administration is considering options, including arming the rebel...
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Nov 28, 2012
11/12
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i think in this economy, 15 for 2 days' work, is pretty good to mickey. >> the whole movie is set on the backdrop of the economic breakdown. it's not subtle, the parallels that the film makes between the mob world and the world at large. >> that wasn't accidental. he poses it against the financial crisis, the bank bailout and the '08 election. and it makes for a provocative material. >> so, you have a birthday coming up. >> yeah. in a month. >> and next year's the big one, when you turn -- >> 50. >> 50. have you given any thought to that? >> yeah. i've given a lot of thought to it. >> i just turned 50. so -- >> you become very aware of time. and i think becoming a father, you become -- everything is time allocation for me, too. making sure i spend the time wisely on the things that are important to me. and spending the time with the family. >> best part about it? >> mornings, just getting up. >> if you call one place home, is it new orleans? >> we call them base camps, basically. >> really? >> yeah. >> how many do you have? >> we have a base camp in l.a., because a lot of work out of
i think in this economy, 15 for 2 days' work, is pretty good to mickey. >> the whole movie is set on the backdrop of the economic breakdown. it's not subtle, the parallels that the film makes between the mob world and the world at large. >> that wasn't accidental. he poses it against the financial crisis, the bank bailout and the '08 election. and it makes for a provocative material. >> so, you have a birthday coming up. >> yeah. in a month. >> and next year's the...
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Nov 28, 2012
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in this fragile economy, states simply cannot absorb these cuts without cutting vital services. new york, like every other state in this country, has their own extreme problems and we are running our state now at a deficit. we have to make that up in a year. we can't carry deficits in our state constitution. so you can't tell a baby to just go out and get a job. let's work together to protect these critical programs for women and children. it's time to change direction. it's time to acknowledge that elections matter, and it's time to listen to the american people. . this bus is headed over a cliff at great speed, and it's time for the people in the majority, the people in the driver's seat here in the house to take a turn and to change it. what would happen if we went into sequestration and if the middle class tax cuts expired, that would be an income of over -- an increase -- a tax of $2,000 on average against every middle-class family in america. failing to take action would slow the growth of our own real g.d.p. by 1.4 percentage points in 2013. and this continued gridlock wo
in this fragile economy, states simply cannot absorb these cuts without cutting vital services. new york, like every other state in this country, has their own extreme problems and we are running our state now at a deficit. we have to make that up in a year. we can't carry deficits in our state constitution. so you can't tell a baby to just go out and get a job. let's work together to protect these critical programs for women and children. it's time to change direction. it's time to acknowledge...
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Dec 1, 2012
12/12
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the economy goes back into recession. it's almost as if they can't strike a deal before you get to the very end, which is understandable. the problem is when you play this game, you can make a terrible mistake, and you know, they're gambling with the whole country here right now. >> house speaker john boehner said friday the white house proposal which begins basically with having $1.6 trillion tax increase among other things was essentially a nonstarter. take a listen. >> there's a stalemate. let's not kid ourselves. i'm not trying to make this more difficult. you've watched me over the last three weeks. i have been guarded in what i have to say because i don't want to make it harder for me or the president or members of both parties to be able to find common ground. >> all right, so common ground. the white house is focused on having high earners, the rich, pay higher taxes and get fewing deductions. if that happens, the middle class comes out ahead. so why is there so much push-back by the republicans? >> the proposal t
the economy goes back into recession. it's almost as if they can't strike a deal before you get to the very end, which is understandable. the problem is when you play this game, you can make a terrible mistake, and you know, they're gambling with the whole country here right now. >> house speaker john boehner said friday the white house proposal which begins basically with having $1.6 trillion tax increase among other things was essentially a nonstarter. take a listen. >> there's a...
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Nov 29, 2012
11/12
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with the olympics, restoring the olympics, you know, his skillset lends to ideas that could get the economy growing going. but his spokesman said he does not have a specific assignment for his arrival but it was going to be a useful discussion. >> love to hear that. good luck. >>> the lunch comes early in the holiday season in at the white house. decorations include 54 live christmas trees. unveiled yesterday by first lady, michelle obama. thought i was looking in your living room, now, rob. >> does that look like a plastic tree? the centerpiece of the decorations is outsized 300-pound gingerbread model of the white house that sits in the state dining room. after the big unveiling, mrs. obama helped the children of military families make holiday decorations and bo, the for the portuguese water dog got in on the act wearing a special jingle bell collar. >>> and they threw the switch last night here in new york, lighting the big old christmas tree in rockefeller center. the 84-foot norway spruce is decked out in more than 30,000 beautiful lights. >> after it was found, workers, braced the tre
with the olympics, restoring the olympics, you know, his skillset lends to ideas that could get the economy growing going. but his spokesman said he does not have a specific assignment for his arrival but it was going to be a useful discussion. >> love to hear that. good luck. >>> the lunch comes early in the holiday season in at the white house. decorations include 54 live christmas trees. unveiled yesterday by first lady, michelle obama. thought i was looking in your living...